NOT LISTED FOR SALE

8700 Front Beach Rd Unit 5108 Panama City Beach, FL 32407

Estimated Value: $271,000 - $301,000

2 Beds
2.5 Baths
1,325 Sq Ft
$585/mo HOA Fee

Last Sold January 31, 2024

Last sale price $290,000 $219 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,218/month

2 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Newly Painted Property
  • Community Basketball Court

About This Home

As of January 2024

Great opportunity to purchase a nice condominium in the beautiful community of Island Reserve. This unit features an attractive and functional open floor plan with two master bedrooms with walk in closets and private bathrooms. New painting throughout. Large covered patio on backside of building for some privacy. The Island Reserve community features large resort style lagoon pool with a rock waterfall along with a fitness gym, indoor basketball court, clubhouse and media center. Conveniently located near shopping, restaurants and the Beautiful Beaches of the Panhandle! Call your favorite Realtor today for a private tour! (All important details should be verified by the appropriate specialist.)

Last Agent to Sell the Property

Kathy Peacock-Morgan

Coastal Choice Realty LLC License #0668856 Listed on: 01/12/2024

Last Buyer's Agent

BLUE WAVE Laborde

Coldwell Banker Realty License #3345751

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 2008

Lot Details

  • 1,263

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Newly Painted Property

Interior Spaces

  • 1,325 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

Overview

  • Association fees include legal/accounting, ground maintenance, pool(s), recreation facilities, trash
  • Island Reserve HOA
  • Low-Rise Condominium
  • Island Reserve Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Community Basketball Court
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,662

Year Built

Built in 2008

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Island Reserve
  • Architectural Style: Low Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Kitchen Island, New Paint
  • Spa Features: Community
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1325.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Security Features: Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1754.72
  • Community Features: Basketball Court, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Gated
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Island Reserve HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: City,Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1662.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jan 31, 2024
Sold by
Barnes Marian
Bought by
Philpot Tim L
Seller's Agent
Kathy Peacock-Morgan
Coastal Choice Realty LLC
Buyer's Agent
BLUE WAVE Laborde
Coldwell Banker Realty
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Views
19
Current Estimated Value
$284,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,249
Avg. Annual Appreciation
-1.05%

Purchase Details

Closed on
Aug 22, 2019
Sold by
Stanton Michael R
Bought by
Barnes Marian

Purchase Details

Closed on
Dec 9, 2016
Sold by
Precium Holdings Llc
Bought by
Stanton Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2009
Sold by
Creekstone Allison Llc
Bought by
Mason John and Mason Faye
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Philpot Tim L $290,000 None Listed On Document
Philpot Tim L $290,000 None Listed On Document
Barnes Marian $159,200 Diamond Title Agency Inc
Stanton Michael R $154,000 Attorney
Mason John $185,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanton Michael R $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $290,000 -6.5% $219 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $310,000 -- $234 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,662 $267,750 -- $267,750
2023 $1,662 $267,750 $0 $0
2022 $1,506 $193,442 $0 $0
2021 $1,508 $187,808 $0 $187,808
2020 $2,062 $166,175 $0 $166,175
2019 $1,091 $148,750 $0 $0
2018 $1,080 $125,838 $0 $0
2017 $1,059 $123,250 $0 $0
2016 $1,551 $117,725 $0 $0
2015 $1,498 $110,500 $0 $0
2014 $1,464 $108,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathy Peacock-Morgan

    Coastal Choice Realty LLC

    (850) 896-6843

    2 in this area

    62 Total Sales

    Kathy Peacock-Morgan
    Section Image
  • BLUE WAVE Laborde

    Buyer's Agent in 2024

    BLUE WAVE Laborde

    Coldwell Banker Realty

    (850) 353-1843

    6 in this area

    438 Total Sales

    BLUE WAVE Laborde
    Section Image

  • T

    Buyer's Agent in 2024

    Tammy Philpot

    Coldwell Banker Realty

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 751327

Central Panhandle Association of REALTORS®

APN: 40001-100-154

Florida Bay County Panama City Beach 32407

8700 Front Beach Rd Unit 5108, Panama City Beach, FL

This home is located at 8700 Front Beach Rd Unit 5108, Panama City Beach, FL 32407 since 12 January 2024 and is currently estimated at $284,751, approximately $214 per square foot. This property was built in 2008. 8700 Front Beach Rd Unit 5108 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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